Acquisition of real estate under construction is very profitable. After the project is put into operation, prices invariably rise, so buying ahead of time is a good decision.
In addition, now in Cyprus there is a program of simplified obtaining permanent residence when purchasing real estate. Participation in the scheme is possible when buying a home in a new building, so all the options below are:
- profitable investment;
- the opportunity to earn money (by renting out or selling housing later, but at a higher price);
- the opportunity to participate in the program and obtain permanent residence in Cyprus with your family.
So, to your attention - the best new buildings in Cyprus, which will be put into operation in 2023.
1. IVVIE Residence, Strovolos, Nicosia
We decided to start the selection with the metropolitan real estate. So far, it has been undeservedly ignored by foreign buyers. But in vain: housing in Nicosia shows a steady increase in price, and is also in great demand among tenants.
IVVIE Residence is located in a large and developed area of Nicosia - Strovolos. You can live comfortably in it without leaving the borders, but you can quickly get to the city center by car. Distance from the sea is also not a hindrance, you can drive to the beaches in just an hour.
IVVIE Residence offers future residents the comfort and level of the highest class, as well as:
- life in a club-house complex;
- luxury planning and finishing of each apartment;
- panoramic windows with a beautiful view;
- spacious terraces;
- closed protected area.
IVVIE Residence offers four 3 bedroom apartments and a 3 bedroom penthouse with roof garden and Jacuzzi. When acquiring any property, the buyer can apply for accelerated obtaining of permanent residence in Cyprus.
Available options for buying property in the IVVIE Residence project
2. Thea Residence, Lykavitos, Nicosia
Thea Residence is another premium project in Nicosia. The complex is located in Lycabythos, which is the closest district to the city center. This location provides walking distance to all infrastructure, cultural, leisure and educational institutions. It will appeal to business people and families with an active lifestyle.
Thea Residence has eight 2 bedroom apartments. Each apartment has:
- spacious and modern layout;
- 2 bathrooms;
- large and bright bedrooms;
- a large terrace with a cozy atmosphere;
- panoramic windows.
In a small complex, where there are only 2 apartments on each floor, it will be very comfortable for those who value privacy combined with an active pace of life.
Available options for buying property in Thea Residence project
3. Ayia Napa Marina, Ayia Napa
This luxurious complex should become a full-fledged resort, where all the infrastructure fits perfectly into the landscape. The project is one of the most promising and expensive in Cyprus. His ambition and scope are amazing.
The Ayia Napa Marina project includes:
- yacht harbor for 600 places;
- 2 high-rise towers with a unique 'twist' architecture containing studios, a multi-bedroom apartment and a 5-bedroom penthouse;
- 11 beach villas;
- 24 villas on an artificial island and peninsula, some of them with direct access to their own marina;
- a separate promenade area with seating areas, bars, restaurants and boutiques;
- nightlife establishments;
- beauty salons, spas, fitness rooms and much more.
Ayia Napa Marina has everything you need for a luxurious life of luxury: concierge and apartment services, parking, security, swimming pools, landscaped gardens and children's play areas, beaches within walking distance and other amenities. All properties are finished with premium luxury materials, spacious layouts with high ceilings and terraces overlooking the sea.
In May 2023, the East Tower (a 26-story skyscraper) will be handed over, so that the first tenants will be able to receive the keys to their apartments in less than a year. Of course, after the commissioning of the high-rise, real estate prices will increase.
Available options for buying property in the Ayia Napa Marina project
4. Twin Waves, Ayia Thekla, Ayia Napa
Do not think that the Ayia Napa Marina project is the only one. On the contrary, he gave impetus to the development of infrastructure not only within himself, but also around. Twin Waves is one example of mini-complexes that are located in close proximity to the marina resort, but at the same time have a quiet and peaceful atmosphere.
For example, Twin Waves consists of only two luxury villas. Each villa has its own parking space, two floors, a swimming pool, panoramic windows and a gorgeous view of the sea, which is within walking distance.
On the ground floor are:
- kitchen, living room and dining room;
- wine Vault;
- gym;
- utility rooms;
- 1 guest bedroom.
On the second floor there are 3 large and bright bedrooms with access to a balcony and panoramic sliding doors. Each floor is equipped with bathrooms. Each Twin Waves Villa has a private garden with a seating area and a jacuzzi on the rooftop.
Available options for buying property in the Twin Waves project
5. Elite Tower, Mackenzie, Larnaca
Mackenzie belongs to the actively developing area of Larnaca. This is the nearest suburb, which is located very well: from here you can get to the city center in 5-10 minutes, and in the other direction in the same time to the Salt Lakes and the airport. In addition, here, in Mackenzie, there are excellent clean beaches within walking distance and a developed public infrastructure.
The Elite Tower complex is the embodiment of the comfort of life on the Mediterranean coast. It is located on the very shore, so that each residence has an unobstructed view of the sea and the beaches. The complex has a closed protected area and underground parking.
The following properties are available for sale:
- 1 bedroom apartments;
- 2 bedroom apartments;
- 3 bedroom apartments;
- 4 bedroom penthouse with roof garden and jacuzzi.
When buying an object worth more than 300,000 euros (two or more bedrooms), you get the opportunity to simply apply for permanent residence in Cyprus.
Available options for buying property in the Elite Tower project
6. Wave Tower, Larnaca Marina
Wave Tower is located in a top location - this is the marina of Larnaca, that is, the residents of the complex will have step-by-step access to all infrastructure, the yacht harbor, Finikoudes beach and the city center. From the windows and terraces of the apartments will open a breathtaking view of the port and the boundless expanse of the sea.
The Wave Tower complex is designed for only 13 apartments, which will ensure privacy and a quiet life. All objects will be handed over with finishing and partial furnishing from European manufacturers. Closed parking and a guarded territory are also available to residents.
There are many more options for sale - these are 2 and 3 bedroom apartments on different levels of a 10-storey complex.
Available options for buying real estate in the Wave Tower project
7. Divino Mare Villas, Kissonerga, Paphos
The elite complex Divino Mare is located in one of the best locations in Paphos - a stone's throw from the new harbor. The complex is comfortably nestled along the coastline, not far from the beautiful beaches of Coral Bay and developed urban infrastructure.
Each of the 8 villas has the following characteristics:
- 2 floors with three or four bedrooms;
- sauna, gym, spa and jacuzzi;
- swimming pool with great views;
- wine cellar and utility rooms;
- panoramic windows and terraces with amazing sea views;
- well-maintained driveways and parking spaces.
There are 3-bedroom villas with different sizes of land plots for sale. The most luxurious option is a villa with a house territory of 880 m2.
Available options for buying property in the Divino Mare project
8. NEO, Neapolis, Limassol
A very large and luxurious NEO complex is located in the top location of Limassol - on the waterfront of the Neapolis area. This is the most developed location in terms of infrastructure, there is also a magnificent beach, cultural and entertainment venues, a zoo, the Molos and Dasoudi embankments with a eucalyptus grove nearby.
NEO consists of 4 towers (the highest of them is 39 floors), a whole range of services and facilities, a marina and a beach club.
Residents are provided with:
- underground secure parking;
- closed protected area;
- concierge service;
- fitness room and SPA center;
- tennis court;
- large sports pool on the 2nd level;
- cinema;
- restaurants;
- green area for walking and relaxing.
All objects of the internal infrastructure of the complex are located on the first three floors. This means that residential apartments start from the 4th floor, and each apartment offers magnificent views of the sea and the mountains.
Apartments for 2, 3 and 4 bedrooms will soon be put up for sale. The most luxurious and expensive will be located on the upper floors of skyscrapers.
9. Panorea Hills, Yermasogeia, Limassol
A small complex of several villas is located in a great location - on the hills of the prestigious Germasogeia area. Panorea Hills is a three-level villas with an unforgettable view of the city, the hills and the sea.
Each level is maximally thought out and designed with maximum convenience:
- 1st ground floor: gym, 1 bedroom, bathroom, utility rooms;
- 2nd ground floor: parking space for two cars, combined living room and kitchen with floor-to-ceiling panoramic windows, access to the pool, recreation area;
- first floor (at the very top): 4 bedrooms, three of them have their own bathroom, a spacious panoramic terrace, dressing room.
The location guarantees privacy and, at the same time, maximum proximity to the entire urban infrastructure.
Available options for buying property in the Panorea Hills project
10. West Hill, Agios Tychonas, Limassol
Agios Tychonas is a predominantly tourist area of Limassol, which, nevertheless, is great for permanent residence. It has all the necessary infrastructure, but if required, the city center can be reached in 5 minutes. The West Hill complex is an unconventional solution for those who want to live at a height with magnificent views.
At first glance, the complex looks like a detached villa, but in fact it is a new building with apartments. Thus, residents receive 2 in 1: a private and quiet life in a good area and maximum comfort in service. Each apartment will have a direct view of the sea and the surrounding area.
There are apartments for sale with 1, 2 and 3 bedrooms, as well as several penthouses. The latter have their own garden and rooftop seating area, as well as a private swimming pool.
Available options for buying property in the West Hill project
Of course, these are not all properties that will be commissioned in Cyprus in 2023. You can find more options in the directory of the agency No. 1 in Cyprus DOM, and also get advice from professional brokers, learn about new projects in all cities of Cyprus.
Read also:
- The best residential family gated complexes in Limassol
- GESY General Health Care System in Cyprus
- Villa or apartment: what to choose for living in Paphos?
- How profitable to rent an office in Cyprus?
- School close to home: options for buying property near the most popular educational institutions in Cyprus
- TOP 10 new buildings in Cyprus due for completion in 2022
